More Questions on Indian Economy
- Q. As per the targets of 11th Five year Plan (2007-12) Mortality Rate (2012) has been targeted at:
A)1 per 10000 births
B)1 per 100 births
C)1 per 1000 births
D)1 per 10 births
Answer: 1 per 1000 births
- Q. Meera Seth committee was associated with:
A)sex discrimination at work place
B)the development of handloom industry.
C)female foeticide
D)banking sector
Answer: the development of handloom industry.
- Q. Non Tax revenues can be increased by improving the working of the
A)electricity boards
B)commercial irrigation projects
C)State Road Transport Corporations
D)All of the above
Answer: commercial irrigation projects
- Q. Deficit financing means that the government borrows money from the
A)local bodies
B)big businessmen
C)RBI
D)IMF
Answer: RBI
- Q. The budget deficit means
A)difference between revenue receipts and revenue expenditure
B)difference between all receipts and all the expenditure
C)the excess of total expenditure, including loans, net of lending over revenue receipts
D)fiscal deficit less interest payments
Answer: difference between all receipts and all the expenditure
- Q. If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
A)will increase
B)will neither increase nor decrease
C)will decrease
D)None of the above
Answer: will neither increase nor decrease
- Q. Excise duty is a tax levied on the
A)export of goods
B)import of goods
C)production of goods
D)sale of goods
Answer: production of goods
- Q. Depreciation means
A)closure of a plant due to labour trouble
B)loss of equipment over time due to wear and tear
C)closure of a plant due to lock out
D)destruction of a plant in a fire accident
Answer: loss of equipment over time due to wear and tear
- Q. The Indian state which was the first to release state level Human Development Report in 1995 was:
A)Maharashtra
B)Madhya Pradesh
C)Kerala
D)Tamil Nadu
Answer: Madhya Pradesh
- Q. National food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:
A)September 2003
B)October 2004
C)November 2004
D)January 2004
Answer: November 2004
- Q. The total number of national highways in the country is:
A)528
B)228
C)328
D)499
Answer: E
- Q. During which five Year plan was phase of heavy industrialization initiated?
A)First five year plan
B)Second five year plan.
C)Third five year plan
D)Fourth five year plan
Answer: Second five year plan.
- Q. Gilt-edged market means
A)market of government securities
B)bullion market
C)market of guns
D)market of pure metals
Answer: market of government securities
- Q. The first fully Indian Bank is:
A)Central Bank of India
B)Punjab National Bank
C)Canara Bank
D)State Bank of India
Answer: Punjab National Bank
- Q. Devaluation of currency will be more beneficial if
A)prices of exports remain constant
B)prices of imports remains constant
C)prices of domestic goods remain constant
D)prices of exports rise proportionately
Answer: prices of exports remain constant
- Q. Reserve Bank of India was nationalized in the year
A)1945
B)1935
C)1949
D)1969
Answer: 1949
- Q. With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in:
A)the year 1999
B)the year 1998
C)the year 2005
D)the year 1990
Answer: the year 1999
- Q. When personal direct taxes are subtracted from personal income the obtained value is called:
A)National Income
B)Gross Domestic Product (GDP)
C)Gross National Product (GNP)
D)Personal Income
Answer: Gross National Product (GNP)
- Q. The first wholly Indian Bank was set up in
A)1894
B)1794
C)1896
D)1902
Answer: 1894
- Q. Revenue of the state governments are raised from the following sources, except
A)expenditure tax
B)entertainment tax
C)agricultural income tax
D)land revenue
Answer: agricultural income tax
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